Missouri Welding Products Manufacturer Reports Profit Surge

Victor Technologies Group reported net income of $21.6 million in fiscal 2012, up 221 percent from $6.7 million in 2011, mostly on a higher net sales base combined with lower manufacturing and restructuring costs. The Chesterfield-based company used to be called Thermadyne Holdings Co. but changed its name last May. Victor Technologies hired a new chief marketing officer and announced the acquisition of new-technology company Robotronic Oy last summer.

Read more in the St. Louis Post-Dispatch

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